Tamarack-Valley-Energy (CVE:TVE) had its price objective upped by stock analysts at National Bank Financial from C$4.00 to C$4.50 in a report released on Tuesday. The brokerage currently has an “outperform” rating on the stock.

Other equities analysts have also issued reports about the stock. Laurentian increased their price target on shares of Tamarack-Valley-Energy from C$4.25 to C$4.75 in a research note on Friday, October 6th. Laurentian Bank of Canada increased their price target on shares of Tamarack-Valley-Energy from C$4.25 to C$4.75 in a research note on Friday, October 6th. GMP Securities increased their price target on shares of Tamarack-Valley-Energy from C$4.25 to C$4.50 in a research note on Tuesday. Canaccord Genuity upgraded shares of Tamarack-Valley-Energy from a “hold” rating to a “buy” rating and increased their price target for the company from C$3.50 to C$4.00 in a research note on Tuesday, January 9th. Finally, Desjardins reiterated a “buy” rating and issued a C$4.00 price target on shares of Tamarack-Valley-Energy in a research note on Monday, December 18th. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the stock. The stock presently has an average rating of “Buy” and an average price target of C$4.19.

Tamarack-Valley-Energy has a 52-week low of C$2.11 and a 52-week high of C$7.85.

In other news, insider Ronald Steve Hozjan sold 40,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 22nd. The shares were sold at an average price of C$2.65, for a total transaction of C$106,000.00. Also, insider Gmt Capital Corp bought 16,700 shares of the stock in a transaction dated Thursday, October 19th. The shares were acquired at an average price of C$2.04 per share, for a total transaction of C$34,068.00. Over the last 90 days, insiders have bought 90,400 shares of company stock worth $198,638 and have sold 78,400 shares worth $210,960.

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About Tamarack-Valley-Energy

Tamarack Valley Energy Ltd. (Tamarack) is a Canada-based oil and natural gas company. The Company has working interests in petroleum and natural gas properties in the Alder Flats area. Tamarack has interests in over 220 sections of land in the Wilson Creek and Alder Flats area of Alberta. The Company operates a range of oil batteries, which have capacities of approximately 3,800 barrels per day (bbl/d) capacity and approximately 1,000 bbl/d; an approximately 30 million cubic feet per day (mmcf/d) gas plant, and an approximately six mmcf/d gas plant.

Analyst Recommendations for Tamarack-Valley-Energy (CVE:TVE)

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